bussines news

Ethiopia’s Ministry of Agriculture announced a plan to produce 375,000 tons of honey during the 2024/25 fiscal year through its ongoing ‘Bounty of the Basket’ (Yelemat Tirufat) development initiative. the ‘Bounty of the Basket’ is a national agricultural development program being implemented across the country to improve dairy, poultry, egg, honey, fish, and meat production. …

Ethiopia Aims to Boost Honey Production to 375,000 Tons Read More »

The United Nations launched a new global road safety campaign to improve traffic safety and create inclusive, safe, and sustainable streets. Starting in New York, the campaign will run through 2025, reaching approximately 1,000 cities in more than 80 countries through billboards, social media, and other platforms. Under the motto MakeASafetyStatement, the campaign will also …

UN Launches Global Campaign to Enhance Road Safety  Read More »

The Ministry of Transport and Logistics (MoTL) announced an increase in the use of locally staffed container packing for the nation’s export cargo. This strategic initiative has resulted in cost savings despite encountering challenges due to a shortage of containers. In the first nine months of the current fiscal year, over 22,400 Twenty-Foot Equivalent Units …

Ethiopia Shows Improvement in Local Container Packing for Exports Read More »

The Ministry of Transport and Logistics is teaming up with Ethio Auto Tech Trading to host an automotive fair for three days starting on July 3, 2024. This event will showcase advancements in transportation, logistics, and the automotive industry, while also serving as a platform to attract investment in Ethiopia’s growing transport sector. The event …

Ministry Partners for Automotive Fair Read More »

The Chemical Industry Corporation (CIC) announced a revenue of Birr 5 billion from its industrial chemical input products over the past eleven months. Its revenue grew by 28.9% compared to the previous year’s figures. CIC is a major player in the chemical industry, managing key facilities such as the Muger Cement Factory, Adami Tulu Pesticide …

Chemical Industry Corporation Reports Strong Revenue Growth Read More »

The Ethiopian Ministry of Trade and Regional Integration (MoTRI) in collaboration with the Policy Studies Institute (PSI) with support from the United Nations Economic Commission for Africa (ECA) organized a National Forum for the development of the National African Continental Free Trade Area (AfCFTA) Implementation Strategy. The event gathered over 70 participants from various sectors, …

Stakeholders Join Forces To Advance Ethiopia’s AfCFTA Implementation Strategy Read More »

State Minister of Foreign Affairs Ambassador Misganu Arga highlighted that the commencement of Ethiopian Airlines’ new flight to Warsaw, the capital of Poland, instrumental in boosting trade and investment between Ethiopia and Poland. The inaugural flight to Warsaw, Poland commenced yesterday evening, with plans to operate the route four times a week. The launching event …

Ethiopian New Flight To Warsaw Strengthens Trade, Investment Read More »

Ethiopian Airlines, Africa’s largest network operating carrier, has today officially launched new four-times weekly passenger services to Warsaw, Poland via Athens. The flight inaugurated today to Warsaw will expand the airline’s European destinations to 24, it was learned. The inaugural ceremony was attended by several government officials and guests including Ethiopian Foreign Affairs State Ministers, …

Ethiopian Airlines Launches New Flight to Warsaw, Poland Read More »

The Ethiopian Coffee and Tea Authority has called on investors to participate in the burgeoning tea sector. The initiative to expand tea leaf production in Ethiopia, which began three years ago under Prime Minister Abiy Ahmed’s leadership, has shown promising results. Inspired by Kenya’s success as Africa’s leading tea producer, Ethiopia has diligently applied lessons …

Ethiopia Aims To Boost Tea Industry Through Enhanced Investor Engagement Read More »

Chemical Industry Corporation disclosed that it has secured 5 billion Birr in revenue from its industrial chemical input products over the past eleven months. Given the government’s priority, Ethiopia has been becoming an attractive destination for chemical trade. In this regard, the country’s chemical industry is diverse and demands chemicals for food, beverage, and textiles. …

Ethiopia’s Chemical Industry Corporation Obtains 5 Billion Birr Revenue Read More »